Concurrent debuts new pitcher
Concurrent is introducing its Real Time Pitcher 2000 (RTP2000), a server that ensures virtually no loss of video captures due to network or component failures.
Concurrent supplies the real-time distribution systems that Time Warner Cable and Bright House Networks use to provide Start Over. The development of the RTP2000 and the promise of its eventual delivery apparently helped Concurrent sell its products to the MSOs.
Concurrent supplied a quote from Jeff Chen, SVP of advanced technology for Bright House, who said: “When we launched Start Over in our Tampa division in January, we partnered with Concurrent specifically because of its superiority in time-shifted television technology. From the very beginning, we have always planned to build Start Over as a fully resilient service. Now with the launch of the RTP2000, we can further enhance our customer experience by ensuring no loss of Start Over content when any component fails.”
The RTP2000’s primary function is to convert unicast FTP to multicast FTP; it takes the incoming video content and “pitches” it to several Real Time Catchers (RTC), from which the video servers pull and stream selected content to the end user.
What distinguishes this latest generation of content pitcher from its competitors, Concurrent said, is resilient real-time content distribution, which significantly increases session success rates. Concurrent said that the resilience of the new system enables content ingest success rates up to 99.999 percent.
Separately, Concurrent’s board authorized the repurchase of up to $2.5 million of the company's common stock.
Concurrent President and CEO Dan Mondor said, "The repurchase authorization by our board of directors reflects our confidence in the markets that we serve, in the future of Concurrent, and also represents our continued commitment to pursue opportunities to create shareholder value."
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